how much is my house worth?

Question

how can i get a true value of my house

Answer 1

Most estate agents offer a free valuation service. Call a couple of them and see what they say. Will give you an indication, though I suppose the true value is what someone would actually be prepared to pay for it.

Answer 2

I would suggest having a minimum of four estate agents in your locality out to value it. You will probably find that there is one high valuation, one slightly low and the other two are round about the middle. The two in the middle are usually more reflective of the market value, but the real determinant of how much it is worth is what someone is willing to pay for it. If there are any houses that have recently sold in your area it is worth enquiring with the agent or owner what the house actually went for as opposed to what the estimated value was.

Answer 3

I have just watched Lorraine Kelly on the TV disc using house prices and poll tax. if you go to her web site there is an web address to a site which will tell you the price that each house in your street was sold at.

Or you can pretend you are selling or thinking of selling and an estate agent will come and value it for nothing

Answer 4

When comparing prices from sources, sure other houses in your street or close by will give you an idea but also consider these things to get a more accurate idea:
Them and yours..... How many bedrooms - size. i.e. double bedroom size (or bigger) or small rooms say 3m x 3m. How many bathrooms? Size of lounge/family area? Separate meals room? En-suite to master bedroom or two way bathroom? Extras like roller shutters, ceiling fans, air-con, solar hot water, security system, utilty shed for lawn mower or large workshop? Garage size and # car spaces or just a carport? Covered patio or outdoor entertainment area - size? House construction - timber or brick? Roof - metal or tile? Two story, High-set, Low-set or on a concrete slab. Land area, gardens, pool? On street or set back some distance? Frontage? Privacy!! (very important to stop unwanted religious people and salespeople). Is it on a steep slope to the rear (great for mountain goats)? Fencing - 6 foot timber or similar type fence or a hedge or low chain-wire type or something similar? Is your house: On top of a hill? Bottom of a hill? At the end of a cul-de-sac (bad Feng Shui), On a corner with access from rear/side for car? Distance to schools, shops, train station, bus stop. Who do you think (type of person) would want buy your place... 1st home buyer - young couple no kids (yet), young family with several school age children or maybe just one pre-schooler? Older couple with teenagers? 50+ couple with a couple of dogs and whose kids have left home? Which of these groups do you think your home would best suit - never mind what group you are in (also consider the family groups around you and are they good neighbours or do they drive you insane). Is your home in a growth corridor? Overall condition? Total floor area in M2 or sqaures.

All these things that vary between your home and others sold nearby will affect the price you would get. As a good rule of thumb, whatever price a Real Estate Agent says its worth, bung on an extra $10,000 or so unless you are in a desperate hurry to sell, and wait for the market to come to you. People have sold a house for 20 - 30% above local market values just because it was "perfect" for the buyer. Your house is individual so just because the house next door which outside may be identical to yours sold for $xxxxxx does not say you can't get more for yours. Never let those RE people talk you down in price unless your asking price really is way over the top.

I am not in Real Estate but I have sold my own house for nearly 50% more than the RE said it was worth - it was just a small 3Br in a quiet street on a 620 M2 block, nothing fancy. Also consider someone may want to buy it as an investment to rent it out, so they will sometimes pay a bit more. If you want to sell, try a DIY kit. Its not hard and you'll save thousands in RE fees, you just have to do some running around and some advertising - in some places there is almost nothing for the seller to do prior to sale (once an offer has been accepted) but any deposit must be either held by a bank or your solicitor for safekeeping until the sale is completed - especially if the buyer has the right to repudiate the sale if they find out something bad that you didn't tell them (like maybe they are planning to put an 8 lane highway through your lounge room or you had modifications done (extra rooms or such) that are not approved by your council or building authority) or if the contract is subject to the buyer getting finance. If the contract falls through on a "no-fault" basis you'd have to return their deposit.

A FOR SALE ENQUIRE WITHIN sign is cheap to buy and an ad in the local paper doesn't cost that much unless you want full colour photos.

Answer 5

Do a Property search on the web. You will then have to enter your street and post code, which will then allow you to discover sales prices of houses in your area. You'll have a good idea of the value of your property then.

Answer 6

how much is your house worth?
how can i get a true value of my house?

Try sleeping rough for a month (In Winter) I'd say you'll find a true value that way

Answer 7

if you go to the Nationwide Building Society and follow the links to house prices you can get an approximate value when entering your area. follow the link below should take you to the right page

Answer 8

in UK tell an estate agent (those hard working people with shops and spend lots of time in pubs ) you want to sell it he will soon give you a free valuation or just look along your road and see the prices of other houses

Answer 9

get a free valuation off an estate agent and compare local prices for similar properties

Answer 10

ask an estate agent around to value it